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Tether, Circle hit with information requests from U.S. Senator
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They say opposites attract, and this is certainly the case when it comes to stablecoins and regulatory scrutiny. Now, Tether [USDT] and Circle [USDC] are in the spotlight yet again alongside other stablecoin issuers.
Senator and Chair of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, sent out letters to a variety of crypto entities such as Coinbase, Gemini, Paxos, TrustToken, Binance.US, Centre, Circle, and Tether.
The letter formats were highly similar, and
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